ACN (Accenture plc) dropped -0.36 at the last close: Is This Today’s Most Popular Stock?

Accenture plc (NYSE: ACN) kicked off on Monday, down -0.36% from the previous trading day, before settling in for the closing price of $333.00. Over the past 52 weeks, ACN has traded in a range of $261.68-$387.51.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 9.59%. While this was happening, its average annual earnings per share was recorded 3.84%. With a float of $627.07 million, this company’s outstanding shares have now reached $628.27 million.

Considering the fact that the conglomerate employs 733000 people, you should pay attention to its efficiency factor.

Accenture plc (ACN) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of Accenture plc is 0.26%, while institutional ownership is 78.05%. The most recent insider transaction that took place on Mar 25 ’24, was worth 2,657,034. In this transaction Chief Operating Officer of this company sold 8,000 shares at a rate of $332.13, taking the stock ownership to the 17,877 shares. Before that another transaction happened on Feb 05 ’24, when Company’s Chair and CEO sold 7,361 for $370.35, making the entire transaction worth $2,726,126. This insider now owns 18,713 shares in total.

Accenture plc (ACN) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 2/28/2024, the organization reported $2.77 earnings per share (EPS), higher than consensus estimate (set at $2.66) by $0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.91 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 3.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.58% during the next five years compared to 11.18% growth over the previous five years of trading.

Accenture plc (NYSE: ACN) Trading Performance Indicators

Take a look at Accenture plc’s (ACN) current performance indicators. Last quarter, stock had a quick ratio of 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.23. Likewise, its price to free cash flow for the trailing twelve months is 23.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.03, a number that is poised to hit 3.17 in the next quarter and is forecasted to reach 13.07 in one year’s time.

Technical Analysis of Accenture plc (ACN)

Compared to the last year’s volume of 2.32 million, its volume of 2.57 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 10.86%. Additionally, its Average True Range was 7.53.

During the past 100 days, Accenture plc’s (ACN) raw stochastic average was set at 23.89%, which indicates a significant increase from 4.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.65% in the past 14 days, which was higher than the 23.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $364.71, while its 200-day Moving Average is $332.60. Nevertheless, the first resistance level for the watch stands at $333.97 in the near term. At $336.15, the stock is likely to face the second major resistance level. The third major resistance level sits at $337.29. If the price goes on to break the first support level at $330.65, it is likely to go to the next support level at $329.51. Now, if the price goes above the second support level, the third support stands at $327.33.

Accenture plc (NYSE: ACN) Key Stats

The company with the Market Capitalisation of 208.61 billion has total of 670,737K Shares Outstanding. Its annual sales at the moment are 64,112 M in contrast with the sum of 6,872 M annual income. Company’s last quarter sales were recorded 15,800 M and last quarter income was 1,675 M.